What Is SmartCredit.io?

SmartCredit.io is a Decentral Finance application for crypto borrowing and lending. The key features are:

The low collateral ratio for the borrowers
Personal Fixed Income Funds for the lenders
Fixed-term and fixed interest loans

The key difference is that SmartCredit.io focuses on the DeFi fixed-income-funds as opposed to the DeFi money-market-funds (as most of DeFi lending solutions today).

SMARTCREDIT is the utility token for:

Utility and loyalty token on the SmartCredit.io platform
Collateral for the loans
Liquidity mining for the borrowers, lenders, and integration pa (which integrate SmartCredit.io platform)

SmartCredit.io offers the following functionality:

Borrowers can receive fixed interest and fixed-term loans with a lower collateral ration than the money-market-funds
Borrowers can complete the optional credit-scoring, which allows reducing the collateral ratio and the loan interest
Lenders receive fixed interest instead of the fluctuating money-market-funds interest
Lenders have their own Personal Fixed Income Funds
Integrators can integrate our User Interface Widgets and earn loan origination fees plus reward tokens

How Many SMARTCREDIT Coins Are There in Circulation?

10% of the total supply (2 500 000 tokens) are unlocked. 90% of the total supply (22 500 000 tokens) are time-locked with OpenZeppelin contracts and will be released 1/4 (in equal parts) in years 2, 3, 4, and 5. The current circulating supply is 1 106 625 SMARTCREDIT tokens.

Tokens allocation is the following:

40% for liquidity mining for integration-partners and users
10% for the marketing
10% for the team (starting from the second year, released ¼ per year)
20% for the liquidity provision
15% reserve and insurance funds

Who Are the Founders SmartCredit.io?

The Co-Founders are Martin Ploom and Tarmo Ploom, Ph.D. Both are ex-Credit-Suisse Vice Presidents from Zurich, Switzerland. Both are MBA’s and CFA’s. They know the traditional banking and credit-systems inside out.

They are early blockchain adaptors, co-authored first german-language blockchain book, are giving lectures and write the blog: https://smartcredit.io/blog

More about SmartCredit.io

Blog: https://smartcredit.io/blog Medium: https://medium.com/smartcredit-io Twitter: https://twitter.com/smartcredit_io Telegram: https://t.me/SmartCredit_Community

Application: https://app.smartcredit.io

Where Can I Buy SMARTCREDIT?

SMARTCREDIT is listed on the Uniswap

New to cryptocurrency? Read CoinMarketCap’s easy guide to buying Bitcoin or any other token.

SmartCredit Token SMARTCREDI

SmartCredit Token Label